1861 N SPRING --

Mesa, AZ 85203

Mesa, AZ 85203

1861 N SPRING --

$749,999

MLS#: 7045584

Status: Active

Listing provided by: My Home Group Real Estate

Listing agent phone: None

Last update: 4 days ago

On site: 2 months ago

NORTH MESA VILLAGE - Residential Income

About

Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!

Property

Beds

20

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    20

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $749,999

  • Tax Amount

    $1,483

  • Financing Options

    Conventional, FHA, VA

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Mesa Unified District

  • Middle School

    N/A

  • High School

    Mesa Unified District

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    21

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Mesa Unified District

  • Middle School

  • High School

    Mesa Unified District

Listing Courtesy of Silvia Del Toro Ochoa , My Home Group Real Estate

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Kelly Hammer

Associate Broker / RealtorĀ®

Call Kelly today to schedule a private showing.


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1861 N SPRING --

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